we've got notre dame, boston college at 5:00 p.m. followed by another issue of "lexus after the game." i'm larry beil. >> coming up next, "abc 7 news" follows up on the evacuation of a peninsula hotel. you will hear from a doctor whose miracle diag >> terry: big story out of washington will directly impact the bank accounts of every american. they are locked in a high stakes duel to prevent taxmageddon. here is the latest from the white house. >> thanks everybody. >> if you listen to the president. >> not every detail of the plan. i'm open to compromise. >> and the speaker of the house. >> everything. everything on the revenue side and on the spending side has to be looked at. >> it sounds like a deal to avoid that fiscal cliff of tax hikes, $3700 for the average family and massive spending cuts all possibly sending us back into recession. it sounded like a deal is possible. >> i refuse to accept any approach that isn't balanced. >> that means more tax money, raising tax rates will slow down our ability to create the jobs that everyo